Financial Portrait Accounts Receivable is designed to take off where your billing procedure ends, providing you with a clear view of your customer's credit status.  A full range of cash application, collection and customer service features are provided to allow you to keep your Accounts Receivable to a minimum.

• Lists open invoice amounts for large accounts on-line, allowing quicker cash application

• Increases accuracy by providing fingertip accessibility to all customer balances during cash posting

• Reduces errors and adjustments by allowing on-line transaction review and correction prior to final posting

• Receives invoice transactions from external billing applications

• Outputs credits and debits to the Financial Portrait General Ledger system with user control over the level of consolidation

• Handles consolidated payments from multiple customer locations through the assignment of an "A/R Point"

• Prevents redundancy in customer address information yet allows credit terms and payment statistics by customer and company

• Calculates due dates, discount dates and discount amounts automatically

• Classifies transactions into six major categories including invoices, payments, discounts, adjustments, finance charges and miscellaneous cash receipts

• Allows management controlled definition of A/R transaction codes, triggering appropriate system functions based on familiar keyword term terminology

• Tracks open balances by division or product line using multiple categories of receivables

• Sequences and selects customers by any one of nine installation specific criteria or eight action dates

• Highlights problem accounts with flexible reporting (and organization) of past due balances

• Supports efficient and organized collection efforts through the use of conversation notes and follow-up dates by customer